Bullaale AS together with its partners is in the process of developing a comprehensive money transfer technology to integrate and offer the following: Digitization of Money Transfer: Currently the ecosystem of money transfer through the hawala system in most countries is extra-judicial and does not comply with any regulations, standards and rules and are often shut, collapse and have no ability to scale or address the evolving regulatory and legal ecosystem. Moreover, the inherent risk that is provincial in the hawala system has not been ably or adequately addressed but have exacerbated with the recent development in the regulatory environment and in particular – AML/CFT and cash handling and all other activities involved in cash. One just needs to look at the recent history of hawala collapses and prosecution to understand the very precarious nature of the traditional system and the wider systemic risk they pose to the participants and investors in general.